FIND TERM: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
- Landlord inquiry
- Last reported
- Late fee
- Lease
- Liability
- Lien
- Line of credit
- Loan modification
- Loan-to-value (LTV) ratio
- Loss mitigation
Interesting Facts
Leasing an automobile can increase finance costs by up to 50% over buying. Most consumers that lease a vehicle fail to take into account additional charges such as capital cost reductions and mileage overage charges. Consumers who buy a vehicle and drive it for a number of years after the loan is repaid experience the most savings.
Loan modifications to a mortgage are negatively reported on credit bureau reports.
